A 95-year-old Perth woman is planning for the future after selling her Nedlands home of 62 years for an eyewatering sum.

More than 70 people gathered at the woman’s three-bedroom, one-bathroom Tyrell Street bungalow on Saturday morning in the hopes of placing the winning bid on the property.

An auction war broke out between five attendees and after more than 20 rapid-fire bids, the quarter-acre property officially sold for $2.7 million to a local family — a mind-blowing profit considering the estimated $20,000 the woman paid for the house in 1963.

Thomas Jefferson Wedge was the listing agent behind the Ray White auction, describing the sale of the “architectural gem” as “an emotional day”.

“This sale is a great story for the neighbourhood, it’s one of the most prestigious streets in Ne

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